USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) Sees Significant Increase in Short Interest

USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 234 shares, a growth of 283.6% from the April 30th total of 61 shares. Based on an average daily trading volume, of 253 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of USCF Sustainable Commodity Strategy Fund

A hedge fund recently bought a new stake in USCF Sustainable Commodity Strategy Fund stock. Prime Capital Investment Advisors LLC bought a new stake in shares of USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 30,391 shares of the company’s stock, valued at approximately $774,000. Prime Capital Investment Advisors LLC owned about 30.39% of USCF Sustainable Commodity Strategy Fund as of its most recent filing with the Securities & Exchange Commission.

USCF Sustainable Commodity Strategy Fund Price Performance

ZSC traded down $0.14 on Friday, hitting $30.69. The company had a trading volume of 4 shares, compared to its average volume of 428. USCF Sustainable Commodity Strategy Fund has a 52-week low of $22.85 and a 52-week high of $31.54. The stock has a fifty day simple moving average of $30.01 and a 200-day simple moving average of $28.86. The firm has a market capitalization of $3.07 million, a P/E ratio of 14.66 and a beta of 0.22.

About USCF Sustainable Commodity Strategy Fund

The USCF Sustainable Commodity Strategy Fund (ZSC) is an exchange-traded fund that mostly invests in broad market commodities. The fund actively invests in commodity derivatives economically tied to the agriculture, renewable energy and electrification industry. The three themes are expected to be equally weighted within the portfolio. ZSC was launched on Aug 9, 2023 and is issued by Marygold.